Twin-Win Express Certificate

Underlying: CAC 40 INDEX SSPA/EUSIPA Product Type: Twin-Win Certificates (1340) Valor: 41688154 / ISIN: CH0416881545

Last update 03.08.2020
  • Bid

    987.61 EUR
    Volume: 20

  • Ask

    997.61 EUR
    Volume: 20

Key figures

Strike5'640.10 EUR
Bid - Ask spread10.00 EUR / 1.00%
Days to expiry1021

Product calendar

Fixing date22.05.2018
Last trading date22.05.2023

Barrier information

Distance to barrier38.12%
Barrier touchedNo

UBS Twin-Win PERLES Plus

With UBS Twin-Win PERLES Plus you can pull off a remarkable balancing act on the markets, i.e. whether the underlying asset (e.g. equity or index) rises or falls, you can profit in both cases. In doing so, you participate 1:1 in price gains of the underlying asset over and above the strike price without restriction (taking into account the subscription ratio). Price losses below the strike price are, on the other hand, converted accordingly on the due date if the price of the underlying asset has never fallen to or below a specific barrier (knock-out level) during the term. However, after a barrier has been broken the conversion of prices losses of the underlying asset into gains ceases to apply. Instead, in this case UBS Twin-Win PERLES Plus behaves like conventional UBS PERLES, so that price losses of the underlying asset (under the strike price) lead to corresponding losses in the certificate.

UBS Twin-Win PERLES Plus is thus suitable for investors with a medium to high risk preference. Investors must take the issuer risk into consideration, since loss of the invested capital could occur if UBS AG becomes insolvent, regardless of the performance of the underlying asset.